Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
$520,000
Last sold
11 Mar 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
751 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$520,000
11 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Rasmussen (last 5 years) with land size have a median of $665/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Rasmussen
-14.9%
Median sale
Suburb $611,250
+0.76 pp
Gross yield
Suburb 4.30%
Suburb median $611,250 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $506/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Rasmussen at a glance
5,039
People
$611,250
Median sale
$506/wk
Median rent
4.30%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elevate Property PartnersThis updated high-set home, perfectly positioned on a generous corner block in a well-connected neighborhood, offers a fantastic opportunity for families, first-home buyers, or investors. Just minutes from schools, shopping centres, public transport, and dining options, this property is designed for comfortable, convenient living.
Inside, you'll find three bedrooms, with built-in robes in two, and a massive, tastefully updated bathroom. The open-plan living area flows into the large, modern kitchen, perfect for both casual meals and entertaining.
One of the standout features of this home is the large tiled rear deck, offering a fantastic space for entertaining or simply enjoying the outdoors in privacy. The landing at the top of the front stairs provides the perfect spot for enjoying your morning coffee while taking in the fresh air and views.
Situated on a 751m² block, the property has double-gate access on both sides, providing plenty of room for a shed or pool. Downstairs, at legal height, offers an enormous workshop and storage space that rivals most backyard sheds, with great potential for expansion-enclose the area to add extra bedrooms or a second living space.
Additional features include a 12.9 Kw solar power system, helping to keep energy costs low, and an electric front gate, providing extra security and convenience. A 6-foot-high fully fenced yard ensures privacy and security, with plenty of space for kids to play or pets to roam freely.
Homes like this don't stay on the market for long!
Your Home:
• Modern & Spacious - Updated high-set home with contemporary finishes.
• Three Comfortable Bedrooms - Durable carpeting, with built-in robes in two.
• Fully Air-Conditioned - Stay comfortable with air-conditioning year round.
• Open-Plan Living - Large modern kitchen with dishwasher flowing into lounge and dining areas.
• Large updated Bathroom - Stylish, functional, and spacious.
• Large 751m² Corner Block - Centrally positioned with easy access around the property.
• Double-Gate Access on Both Sides - Perfect for adding a large shed or a pool.
• Versatile Downstairs Space - At legal height, mirroring the upper level.
• Huge Workshop & Storage Area - More space than most backyard sheds.
• Potential for Expansion - Easily enclose downstairs to add extra bedrooms or a second living area.
• Solar Power System - 12.9 Kw to Lower energy costs for sustainable living.
• Electric Front Gate - Extra security and convenience.
• Fully Fenced 6-Foot Yard - Secure and private, ideal for kids and pets.
• Close to Everything - Schools, shops, and public transport just minutes away.
Your Investment:
• Currently vacant
• Rates: approx $1,877.02 per half including water.
• Huge demand for rent area due to the properties location and features.
• This area is continuing to grow due to its affordability and investment potential - making it an ideal addition to your property portfolio.
• Rental appraisal: Approx per $470-$520 per week.
Don't miss this fantastic opportunity to secure a spacious, updated home in a prime corner location! Positioned in a well-connected neighborhood, this property is just minutes from schools, major shopping centres, public transport, and local dining options-perfect for families, first-home buyers, or investors. The large block and ample space for expansion offer endless potential to make this home your own.
Call Ben Waugh 0487 730 456 or Coralie Macdonald 0413 450 652 today to book your inspection before it's gone!
Disclaimer: Interested individuals should independently verify the accuracy and current relevance of the provided information. The agent cannot guarantee the correctness of the details shared. It is recommended that you rely on your own inspections and investigations to determine if this property meets your needs, as the information provided is general in nature. Elevate Property Partners assumes no liability for any loss incurred due to inaccuracies or omissions.
Listing description written by Ben Waugh, Elevate Property Partners — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.